BusinessMirror February 06, 2022

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ROTARY CLUB OF MANILA JOURNALISM AWARDS

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A broader look at today’s business n

Sunday, February 6, 2022 Vol. 17 No. 121

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Going TNT during the Great Resignation

I

By Malou Talosig-Bartolome

T had been six months since Stephen (not his real name) returned to the Philippines. He was supposed to work for seven months on a luxury liner in the Mediterranean Sea, but all of them who are crew members were told to come home earlier than expected in June 2020. The ship management was a bit considerate, though. He was paid a month of his lost salary. But all of those savings were going down the drain. Every day, he would pray that the manning agency would call him again and offer him a chance to go back to work. Meanwhile, he was forced to sell his AUV for a song, as he begged the buyer to just take over his assumed balance of P800,000. He is desperate. He sold longganisa, danggit, dried pusit and even ukay-ukay online. Still, the income would not pay the other bills. Then he saw his passport, and it had a stamped valid US tourist visa. Stephen called his brother-inlaw in California and asked about their life there. “So many people are getting sick from Covid-19,” his brother-in-law said. “And a lot don’t want to go to work anymore. They will get sick anyway.” “Really?” Stephen asked. “Can I go there to work?” “Sure! As long as you are not picky. A store next to ours pays US$14 per hour and still no takers.” There are many Filipinos like Stephen who have since taken their chances to the US, despite the hazards of being infected with Covid-19. Since the pandemic began, the US Embassy in Manila closed its consular office. But there are those like Stephen who still have valid multiple-entry tourist visas. The elite flew to the US to take the first crack of US-made Covid-19 mRNA vaccines which were not available to the Philippines during the first months of 2021. But there were those, like Stephen, who actively sought out jobs—jobs that are just there, because locals were resigning in droves during the pandemic, a phenomenon happening in many first-world countries and that has since been called The Great Resignation.

How it began

JUST like the rest of the world, the US economy was hit by Covid-19. Industries that depend on the traffic of people such as food, airlines, retail, transportation, travel, entertainment, live sports, ship-

EMMANUEL GESLANI: “In 39 states, there are more jobs than people seeking work. Factors such as lower immigration, more workers taking early retirement and generous unemployment benefits all have contributed to the labor shortage.” PH.LINKEDIN.COM/IN/

A CAR passes a hiring banner in Sacramento, California, Friday, July 16, 2021. AP/RICH PEDRONCELLI

EMMANUEL-GESLANI-43206330

ping, cruise lines, gyms, theme parks, oil and gas, and construction felt the crunch. To survive, some had to close shop. Those that survived had to fire people or reduce manpower hours. “To keep employees safe, and to minimize liability—majority of their staff had to work from home and, in the process, save money,” Brad Baldia, president of the Philippine American Chamber of Commerce of Greater Philadelphia, told the BusinessMirror in a phone interview. However, employees who had toiled for years found themselves thinking (or rethinking) about their work and life goals. Thus in 2021, the US saw an unprecedented number of workers resigning, especially those age 25 and 45, in “The Great Resignation.” “People are trying to come to grips. What do they want to get out of their job? They want to provide for their family. But at the same time they want to find some balance. This is especially true for those who lost their loved ones and friends,” Baldia explained. It also helped that those who were unemployed get their welfare benefits. Companies, too, are transitioning to the new normal. They want their employees to work from home, and yet they want to make

A HUMAN-RESOURCES recruiter talks to an applicant during a job fair at Hard Rock Stadium, September 3, 2021, in Miami Gardens, Florida. AP/MARTA LAVANDIER

PESO EXCHANGE RATES n US 51.0410

A HIRING sign for McDonald’s is seen on a building in Columbia County, Georgia, March 4, 2021. BILLY BLUME | DREAMSTIME.COM

sure they are accountable. They badly need them back to the office or store but they are not sure how long the pandemic will last, so they are holding on to their cash in case there will be surges again and more restrictions are imposed on them. While uncertainty hangs in the balance among employers and employees in the US, there are those from developing countries like the Philippines who are desperate just to bring food to the table. There are practically no unemployment benefits and whether they are in the Philippines or elsewhere overseas, the threat of Covid-19 is still there. “We are seeing a mass migration to the US because of what’s happening to the Philippines,” Baldia said. “There are a lot of opportunities here.” Baldia said the US economy has seen a major pivot despite the pandemic and it seems that the Philippines is still grappling to recover. Besides having a good facility of the English language, Filipinos

who work in the US generally become successful regardless of their background because there are family members in the US who can help them adjust to the way of living. “There are really strong ties between the Philippines and the US,” he said.

Doctors, nurses in demand

THE biggest demand for Filipino workers in the US at the moment, he said, are for doctors and nurses. “All those doctors and nurses are aging out. There is a huge need for that. Aside from those who are retiring, many are also impacted by Covid,” he added. Philippine Ambassador to the US Jose Manuel “Babe” Romualdez estimates that there are about 100,000 work visas waiting for the Philippine nurses to the US. These are already approved visas on the side of the US, but could not be processed here in the Philippines due to the deployment cap imposed by the Department of Labor for healthcare workers.

Before the pandemic, Filipino nurses already represented the top foreign nurses in the US, pegged at around 150,000 to 200,000. Romualdez said while there are a lot of job opportunities in the US, he insisted that Filipinos who would like to try their luck there should get work visas, or risk getting deported or falling into the hands of abusive employers. “The jobs available are workers, teachers and other essential work where many Americans are burned out or don’t want to go back. But of course how you can qualify, you cannot simply qualify—you need a work visa,” he added. According to the US Department of Labor, there are 11 million jobs available in the US as of December 2021. Emmanuel Geslani, a migration expert, said based on his research, these are the jobs in the US which are the most in demand last year: • Business Development and Sales • Workplace Diversity • Digital Marketing • Digital Content • Education • Professional and Personal Coaching • Mental Health • Engineering “In 39 states, there are more jobs than people seeking work. Factors such as lower immigration, more workers taking early retirement and generous unemployment benefits all have contributed to the labor shortage,” Geslani said. For those who don’t want to leave their families behind but still want to earn dollars, there are companies in the US which are hiring services remotely. There are consultancies and services that can be done remotely,” and a lot of companies which are doing well in the US like the technology or medical institutions which can hire you as contractors. “The thing is, you have to be strategic and see how you can fit with the needs of companies here,” Baldia said. As for Stephen, he has worked from one store to another and fast-food chain to another. His six-month tourist visa is about to expire. Good news is, his manning agency has already called and offered him his old job in the cruise industry. Life in the US, meanwhile, at the very least saved his family during the first wave of the pandemic.

n JAPAN 0.4440 n UK 69.4311 n HK 6.5498 n CHINA 8.0140 n SINGAPORE 37.9854 n AUSTRALIA 36.4433 n EU 58.4011 n SAUDI ARABIA 13.6051

Source: BSP (February 4, 2022)


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